21 Polo Flat RoadCooma NSW 2630
Property Details for 21 Polo Flat Rd, Cooma
21 Polo Flat Rd, Cooma is a 2 bedroom, 1 bathroom House. The property has a land size of 1050m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Cooma in the last 12 months.
Last Listing description (July 2024)
Attention Investors! We have an exciting real estate opportunity for you. Presenting a two-bedroom solid brick home, currently leased at $440 per week, sitting on a generous 1050m² block. Investors can take advantage of the large land size to create a comfortable living environment for tenants and potentially increase the property's value even further.
What sets this property apart is its immense potential for dual occupancy. The current owners had a great vision and have already obtained an approved Development Application (DA) for a second four-bedroom, two-bathroom dwelling. This means you have the green light to maximize your investment by adding another dwelling to the property.
Not only does this property offer an incredible investment opportunity, but it also boasts a solid brick construction. Built to last, this home requires minimal maintenance, giving you peace of mind as an investor. The sturdy brick structure ensures durability and longevity, making it an ideal choice for long-term investment.
Don't miss out on this exceptional investment opportunity. Contact us today to arrange a viewing and explore the endless possibilities that await you!
Property features
- 1050m² block
- Potential for dual occupancy - Subject to DA
- Wood fireplace
- 2 bedrooms
- 1 bathroom
- Internal laundry
Disclaimer:
Disclaimer: All information regarding this property is from sources we believe to be accurate, however we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture and descriptions.
Property History for 21 Polo Flat Rd, Cooma, NSW 2630
- 10 Jul 2024Sold for $440,000
- 21 Oct 2023Listed for Rent $440 / week
- 19 May 2023Listed for Sale Guide $490,000 - $499,000
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About Cooma 2630
The size of Cooma is approximately 97.8 square kilometres. It has 16 parks covering nearly 4.2% of total area. The population of Cooma in 2011 was 6,664 people. By 2016 the population was 6,681 showing a population growth of 0.3% in the area during that time. The predominant age group in Cooma is 50-59 years. Households in Cooma are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cooma work in a professional occupation. In 2011, 67.5% of the homes in Cooma were owner-occupied compared with 64.5% in 2016.
Cooma has 4,010 properties. Over the last 5 years, Houses in Cooma have seen a 74.88% increase in median value, while Units have seen a 25.02% increase. As at 31 October 2024:
- The median value for Houses in Cooma is $493,998 while the median value for Units is $443,324.
- Houses have a median rent of $495 while Units have a median rent of $350.
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